17 September 2015, GBP/USD
The daily chart: an impressive breakthrough to the upper envelope, but it happens with weak ADX, that casts doubt on ability of bulls to move on to the upper Bollinger band (1.5770).
Н4: here ADX parameters are active, so we expect growth to the resistance 1.5625 and possibly to 1.5770.
Н1: intraday range 1.5440-1.5552.
Expectations: so, we're waiting for growth to 1.5552, with a possible pre-pullback to the support 1.5440.
solutions: We buy from 1.5440 to 1.5552.
We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us